Silver price resumes the decline - Analysis - 04-04-2022

Economies.com
2022-04-04 01:53AM UTC

Silver price resumed its negative trading to approach our waited target at 24.20, waiting for more decline in the upcoming sessions, noting that breaking this level will extend the bearish wave to reach 23.15 as a next negative station.

 

The EMA50 supports the suggested decline, which will remain valid unless breaching 25.05 and holding above it.

 

The expected trading range for today is between 24.20 support and 25.00 resistance.

 

The expected trend for today: Bearish

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